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Employees are saving more for retirement. What HR is doing right

HRExecutive

And, apart from better retirement preparedness, employers continue to have a lot to gain by supporting employees’ financial wellness. We found a lot of employers started people off with automatic contributions of 3% but we learned it’s a real struggle for them to accumulate enough for retirement that way,” says Trefethen.

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Voya Financial Webinar

PlanSource

Voya Financial Webinar: Reimagining How Benefits Work Together. Research shows the popularity and value of supplemental benefits. In fact, a recent SHRM study found nearly 70% of workers considered supplemental benefits and perks at least as important as employer-based health insurance and retirements benefits.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future. Employers, on the other hand, stand to gain from increased employee engagement, improved retention rates, and access to a broader talent pool.

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Is Your Employee Benefits Package Working for You?

Payactiv

In particular, hospitality and retail workers have more choices than ever about where they work, and companies need to understand people’s priorities and reexamine their employee value propositions to compete. What Is a Benefits Package? How to Evaluate Your Benefits Package. Career Growth and Development Opportunities.

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This is employers’ top financial wellness concern today

HRExecutive

Thanks to record-high inflation last year, rising interest rates, flat wage growth and other economic factors, employers now say their top concern about employee financial wellness is the high cost of living, according to a recent survey by the Employee Benefit Research Institute. Bank of America, for example, offers its U.S.

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Benefits Employees Actually Want: 5 Steps to Take Today

Bonusly

Since the passage of the Stabilization Act of 1942 which temporarily limited employers from raising wages to combat inflation amid World War II, health benefits have been at the core of incentivizing potential employees to choose one company over another. All of this comes at a price tag but what do employees actually want?

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5 Financial Wellness Benefits Your Employees Want Most in 2024

Payactiv

The Importance of Financial Wellness Benefits At a time when the majority of employees are stressed about finances, companies that fail to take action risk negatively impacting their bottom line. This stress adds up to a staggering $664 billion in lost productivity annually. Top 5 Financial Wellness Benefits for 2024 1.